SRA Dream Turns Nightmare: Kurla Homebuyers Lose Flats Despite Paying Crores

MahaRERA has permitted a fresh RERA registration for the stalled Sapphire I project in Kurla, giving the new developer a clean slate while protecting original allottees through abeyance of the old registration and a lien on reimbursement funds payable to the terminated promoter ITMC

Bombay HC Ends 20-Year Battle, Orders Eviction from Prime Bandra Plot

After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.

RBI Keeps Repo Rate at 5.25%, Ensures Stable EMIs for Homebuyers

RBI has kept the repo rate unchanged at 5.25%, ensuring stable EMIs and boosting affordability for homebuyers amid global economic uncertainties.

Realty Stocks Surge at Open as Markets Rally; Sector Leads Early Gains on Dalal Street

Real estate stocks opened sharply higher as Indian markets rallied, with the Nifty Realty index leading sectoral gains. Broad-based buying across developers signals strong sentiment, but investors remain cautious about interest rate risks and profit booking later in the day.

Bombay HC Lets IL&FS Chase HDIL’s ₹204 Crore Loan from Main Borrower Despite Insolvency Shield

Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums